๐ For $UNI, a close below the range floor would distinguish a fresh breakdown from continued trading near the low.
๐ต Price: $8.17 (-6.9% / 24h). Last completed 1H close: $8.169.
๐ Above $8.946: an hourly close, then a retest that holds, would support an upside scenario. A return below would weaken it.
๐ Below $8.06: an hourly close would break the 24-candle range downward. This is a reference, not a suggested stop.
๐ก The latest completed hour recovered from its open, but that alone does not establish a reversal after the recent decline.
๐ Binance spot ยท 07 Oct, 06:20 UTC
Educational analysis.
#UNI #PriceAction #TechnicalAnalysis
๐ต Price: $8.17 (-6.9% / 24h). Last completed 1H close: $8.169.
๐ Above $8.946: an hourly close, then a retest that holds, would support an upside scenario. A return below would weaken it.
๐ Below $8.06: an hourly close would break the 24-candle range downward. This is a reference, not a suggested stop.
๐ก The latest completed hour recovered from its open, but that alone does not establish a reversal after the recent decline.
๐ Binance spot ยท 07 Oct, 06:20 UTC
Educational analysis.
#UNI #PriceAction #TechnicalAnalysis
